#GrayscaleHorizenTrust

Grayscale Investments, established in 2013 as a subsidiary of Digital Currency Group, is a prominent digital currency asset manager offering a range of cryptocurrency investment products.

Their flagship product, the Grayscale Bitcoin Trust (GBTC), was the first publicly traded Bitcoin fund in the U.S., providing investors with exposure to Bitcoin through traditional brokerage accounts.

In addition to GBTC, Grayscale manages various other cryptocurrency funds, including the Grayscale Ethereum Trust (ETHE) and the Grayscale Digital Large Cap Fund (GDLC), which offer diversified exposure to multiple digital assets.

In 2024, Grayscale expanded its offerings by launching new funds, such as a spot Ether ETF, a mini Bitcoin ETF, and an investment fund focused on artificial intelligence-related cryptocurrency projects.

In August 2024, Peter Mintzberg, formerly of Goldman Sachs and BlackRock, succeeded Michael Sonnenshein as CEO, bringing extensive Wall Street experience to the firm.

Grayscale has been actively involved in regulatory discussions, notably winning a legal case against the SEC in August 2023, which paved the way for the approval of spot Bitcoin ETFs in the U.S.

As of December 2024, Grayscale continues to be a leading player in the cryptocurrency investment space, managing a diverse suite of products that provide investors with regulated exposure to digital assets.